8-K
filed April 11, 2025, 7:59 PM ET
ticker MGTE
CIK 0001965052
M&A
confidence high
sentiment neutral
materiality 0.85
Marblegate closes business combination with DePalma; stock to trade on OTCQX under MGTE
Marblegate Capital Corp
- Closed combination with DePalma; DePalma valued at ~$629.5M; New MAC owns 83.7%.
- 322,274 shares redeemed for ~$11.05 each ($3.6M aggregate); 73.9M shares outstanding post-close.
- Common and warrants to trade on OTCQX under "MGTE" and "MGTEW" starting April 10, 2025.
- New board: Andrew Milgram, Sarah Feinberg, Harvey Golub, Frederick Herbst; CEO Milgram.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew Milgram was appointed as Director at Marblegate Capital Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
Effective as of the Closing, the following people were appointed as directors of the Company: • Andrew Milgram; • Sarah E. Feinberg; • Harvey Golub; and • Frederick C. Herbst.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Sarah E. Feinberg was appointed as Director at Marblegate Capital Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
Effective as of the Closing, the following people were appointed as directors of the Company: • Andrew Milgram; • Sarah E. Feinberg; • Harvey Golub; and • Frederick C. Herbst.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew Milgram was appointed as Chief Executive Officer at Marblegate Capital Corp.
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
the executive officers of the Company are: • Andrew Milgram, Chief Executive Officer; • Paul Arrouet, President; and • Jeffrey Kravetz, Chief Financial Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Frederick C. Herbst was appointed as Director at Marblegate Capital Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
Effective as of the Closing, the following people were appointed as directors of the Company: • Andrew Milgram; • Sarah E. Feinberg; • Harvey Golub; and • Frederick C. Herbst.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeffrey Kravetz was appointed as Chief Financial Officer at Marblegate Capital Corp.
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
the executive officers of the Company are: • Andrew Milgram, Chief Executive Officer; • Paul Arrouet, President; and • Jeffrey Kravetz, Chief Financial Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Harvey Golub was appointed as Director at Marblegate Capital Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
Effective as of the Closing, the following people were appointed as directors of the Company: • Andrew Milgram; • Sarah E. Feinberg; • Harvey Golub; and • Frederick C. Herbst.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Paul Arrouet was appointed as President at Marblegate Capital Corp.
- Action
- appointed
- Role
- President
Exact text from the filing
the executive officers of the Company are: • Andrew Milgram, Chief Executive Officer; • Paul Arrouet, President; and • Jeffrey Kravetz, Chief Financial Officer.
View on SEC.gov
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